I can explain it to you but I can't understand it for you.
"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford
Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus
Neil Bush was the most widely targeted member of the Bush family by the press in the S&L scandal. Neil became director of Silverado Savings and Loan at the age of 30 in 1985. Three years later the institution was belly up at a cost of $1.6 billion to tax payers to bail out.
The basic actions of Neil Bush in the S&L scandal are as follows:
Neil received a $100,000 "loan" from Ken Good, of Good International, with no obligation to pay any of the money back.
Good was a large shareholder in JNB Explorations, Neil Bush's oil-exploration company.
Neil failed to disclose this conflict-of-interest when loans were given to Good from Silverado, because the money was to be used in joint venture with his own JNB. This was in essence giving himself a loan from Silverado through a third party.
Neil then helped Silverado S&L approve Good International for a $900,000 line of credit.
Good defaulted on a total $32 million in loans from Silverado.
During this time Neil Bush did not disclose that $3 million of the $32 million that Good was defaulting on was actually for investment in JNB, his own company.
Good subsequently raised Bush's JNB salary from $75,000 to $125,000 and granted him a $22,500 bonus.
Neil Bush maintained that he did not see how this constituted a conflict of interest.
Neil approved $106 million in Silverado loans to another JNB investor, Bill Walters.
Neil also never formally disclosed his relationship with Walters and Walters also defaulted on his loans, all $106 million of them.
Neil Bush was charged with criminal wrongdoing in the case and ended up paying $50,000 to settle out of court. The chief of Silverado S&L was sentenced to 3.5 years in jail for pleading guilty to $8.7 million in theft. (Keep in mind that you can get more jail time for holding up a gas station for $50.)
HOUSTON, Texas (Reuters) -- Neil Bush, younger brother of President Bush, detailed lucrative business deals and admitted to engaging in sex romps with women in Asia in a deposition taken in March as part of his divorce from now ex-wife Sharon Bush.
Marshall Davis Brown, lawyer for Sharon Bush, expressed bewilderment at why Grace would want Bush and at such a high price since he knew little about the semiconductor business.
"You have absolutely no educational background in semiconductors do you?" asked Brown.
"That's correct," Bush, 48, responded in the March 4 deposition, a transcript of which was read by Reuters after the Houston Chronicle first reported on the documents.
"And you have absolutely over the last 10, 15, 20 years not a lot of demonstrable business experience that would bring about a company investing $2 million in you?"
All of the Bush kids are US citizens not illegal aliens. Your effort to defend Barry and his kin was amusing but the logic doesn't work, try again.
I can explain it to you but I can't understand it for you.
"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford
Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus
Oh, it's as irrelevant as your incessant tirades about something that's about as important as Obama's birth certificate...
:Snooze
Obama is about as responsible for his uncle's DUI, as George H.W. Bush was responsible for his other idiot-son's theft, graft, larceny, sexual escapades and malfeasance...
LadyJazzer wrote: Oh, it's as irrelevant as your incessant tirades about something that's about as important as Obama's birth certificate...
:Snooze
Boo hoo.... I thought you enjoyed Bush - especially drunken bush. I seem to recall a little development company in Arkansas named White Water. Too bad Vince Foster was killed by the Clintons.
http://en.wikipedia.org/wiki/Whitewater_controversy
Well geez... Just in case you didn't know, there are laws concerning immigration and how people legally arrive in the United States America. Are you suggesting it's OK for the POTUS to just allow people into the country no matter where they are from and not worry about their original citizenship and potential criminal history? Even if it saves just one life wouldn't it be worth it (LOL)?!
I can explain it to you but I can't understand it for you.
"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford
Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus
Are you suggesting that the President of the United State is responsible for every illegal act that his family commits? Gee, then why didn't Bush-41 sic the Justice Department on Neil, since it's been proven that he swindled the taxpayers? In point of fact, George W. Bush swindled the taxpayers, and should have been prosecuted... So, where's the equivalence?
Overshooting the runway a bit there, Toady? Teddy? whatever...
I perceive this is going to be hard for you but, pretend you are standing in front of your freezer with the door hanging wide open looking at the instructions on the cans of frozen orange juice and CONCENTRATE!!!
Bush's kids, other presidents and relations have all been US citizens to date, Barry's are NOT AND ICE is actively looking for them so they can be deported in accordance with THE LAW (only to to be over ridden by Barry). So are you suggesting it's ok for Barry to grant them amnesty when criminal activity is evident? Are you saying it's cool for Barry to waive the law because it's his kin doing wrong?
I can explain it to you but I can't understand it for you.
"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford
Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus
otisptoadwater wrote: I perceive this is going to be hard for you but, pretend you are standing in front of your freezer with the door hanging wide open looking at the instructions on the cans of frozen orange juice and CONCENTRATE!!!
Bush's kids, other presidents and relations have all been US citizens to date, Barry's are NOT AND ICE is actively looking for them so they can be deported in accordance with THE LAW (only to to be over ridden by Barry). So are you suggesting it's ok for Barry to grant them amnesty when criminal activity is evident? Are you saying it's cool for Barry to waive the law because it's his kin doing wrong?
Are you suggesting that the President of the United State is responsible for every illegal act that his family commits? Gee, then why didn't Bush-41 sic the Justice Department on Neil, since it's been proven that he swindled the taxpayers? In point of fact, George W. Bush swindled the taxpayers, and should have been prosecuted...Are you saying it was okay for Bush to waive the law and look the other way when his sons broke the law?